"As organizations have downsized and worked on cost reduction for many decades now, and similarly improved their quality and service, they have generally achieved efficiency and process stability outcomes. The next battlefield that will drive the international competitiveness and business outcomes of organizations is innovation. This book, in a highly readable style, presents success stories of international "best" innovation practice companies, informing managers and management researchers "what works, why and how it works" in creating innovative organizations. I strongly recommend it to managers, researchers and lecturers in innovation." Dr John Marshall Director, Orbital Engine Corporation Limited Chair, Industry Advisory Board, Centre for Global Innovation and Entrepreneurship The University of Melbourne "Managers require knowledge on how to create new products, and how to identify and capitalize on opportunities to innovate. Sustainability has clearly begun to assert itself as a driver for innovation. This book justifies the need for continuous innovation based on qualitative evidence from several "best" practice innovative organizations in Australia, Europe and Asia that have effectively integrated sustainable development, e-commerce and new product development in their pursuit of innovation capability. This book demystifies the misconception of innovation as a technically-driven strategy and argues that innovation is the driving force for future survival of organizations. I strongly recommend the book to practitioners and academics."" Jim Landau CEO, Telatid Pty Ltd Chair, The Executive Connection "Innovation is a complex process, one easily identified as being of critical importance for organizational success, yet not easily understood and managed. The book provides a good balance between rigor and relevance. Terziovski and his co-authors have developed easy-to-read case studies which have practical application at every level of the organization, and are theoretically ground in the innovation literature. I highly recommend this book to managers, professors and researchers." Graeme Cocks Co-author of First XI

• Development of an Integrated Innovation Capability Model: Meta-Analysis of the Literature; Strategic Shift from Product-Orientation to Innovation Solutions Capability in the German Biotechnology Industry: Sartorius AG; Managing Strategic Change through Mainstream and Newstream Innovation at Eurocopter, France; Leveraging Innovation Capabilities for Global Niche Dominance at Caterpillar Elphinstone Australia (CAPL); Drivers of Innovation Capability at Sun Micro Systems; How Innovation Capability Is Developed and Exploited at a Defence Project Engineering Company (DPEC); Drivers of Innovation Capability for Effective Sustainable Development: Best Practice at Vaisala Australia; Newstream Innovations and Cross-Functional Teams at Yazaki Group in Japan and Its Subsidiary, Australian Arrow; Development of Innovation Capability at Invincible Company in Thailand; Multiple Cross-Case Analysis --- Conclusions and Implications.